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<br />.BANKS <br /> <br />88- <br /> <br />103612 <br /> <br />Home Equity Line of <br />Credit Rider <br /> <br />(Open end credit with 0 fixed rate~ variable rate interest) <br /> <br /> <br />This Home Equity Une of Credit Rider is dated 95/27/9g and is an amendment to the Mortgage or Deed of Trust ("Mortgage") <br />of the same date given by the undersigned ("Borrower") to secure Borrower's Home Equity Line of Credit Agreement with <br />NORI4CGT Milt: t![BRAS~;t'l, t!AtIO~lALASflOCH\TH)N ("Lender") <br />of the same date covering the property described in the Mortgage and located at: <br /> <br />~~An~ YORK AVe <br /> <br />GRlil'!D H;lANP tiE liePQ:3 <br /> <br />In addition to the covenants and agreements made in the Mortgage, Borrower and Lender further covenant and agree as follows: <br /> <br />1. The word "Note': as used in the Mortgage and this Rider, refers to the Home Equity Line of Credit Agreement <br /> <br />2. The Note evidences an open end revolving line of credit agreement between Borrower and Lender. The amount stated in the Mortgage as <br />the principal sum of the indebtedness is the credit limit lor the line 01 credit. All advances made at any time by Lender in accordance with <br />the terms of the fIIote, and all interest on the advances. shall be secured by the Mortgage. However. at .no time shall the principal amount of <br />the indebtedness secured by the Mortgage, nor including sums advanced in accordance with the mortgage to protect the security of the <br />Mortgage. exceed the stated credit limit for the line of credit. <br /> <br />3. The Note provides lor: <br />o a fixed rate of interest expressed as a daily periodic rate 01 _% rate. This corresponds to an annual percentage rate of _om. <br />;&I a variable rate of interest expressed as a daily periodic rate equal to 1/365 of an annual rate of ~% over the "Index Rate." The <br />daily periodic rate may increase il Tile ':'1 !:;(lY H:EM;URY <br /> <br />BILL RATC ([:::TAEtU:::IICD (LA:::T AUCTIOn r,\'cr:;iGE ot! (1 DI13COU~-IT ~(I:I!O, R[,l!tI];O[~, TO THC t'C~8C5T l'YO) <br /> <br />(the "Index Rate") increases. The initial daily periodic rate is .~. This corresponds to an annual percentage rate of ~m. <br />The annual percentage rate will never be more than ~%. The daiiy periodiC rate will be adjusted on the last business day of e..ery <br /> <br /> <br />~;."Z:;;:;?;'L::;~ <br /> <br /> <br />.":, <br /> <br />~ <br /> <br />.~ <br />.- <br /> <br />NIS m 12.1!N.:MJ5J ItO 00 u~ud Wllh illS morlgar1ff1 <br /> <br />'L-I <br />